Group 1 - The Chongqing Bay project has officially commenced construction following the arrival of the first financing cooperation funds from China Great Wall Asset Management, marking a significant milestone for the "Two Rivers and Four Banks" core area in Chongqing [1] - The financing collaboration involves multiple parties, including the Chongqing Nanan District Government, China Great Wall Asset Management, Sunac China, CITIC Trust, and China Merchants Bank, showcasing a successful case of market-oriented debt restructuring and cooperation between government and enterprises to alleviate real estate challenges [1][3] - The Chongqing Bay project is located in a prime area with a total planned construction area of approximately 1 million square meters, featuring a mix of residential, commercial, and office spaces, with the A3 plot set to initiate construction first [1][2] Group 2 - The "Two Rivers and Four Banks" core area is designated as an "international mountain-water urban landscape display area," serving as a key showcase for Chongqing's urban image [2] - The Chongqing Bay project is positioned in a unique "golden triangle" location, surrounded by major CBDs and cultural heritage sites, enhancing its value and appeal [2] - The collaboration between Sunac and asset management companies (AMCs) has proven effective, with a total financing scale of approximately 35 billion yuan since late 2022, leading to stable operations and sales for multiple key projects [3] Group 3 - Sunac aims to transform the Chongqing Bay project into a unique urban landmark by collaborating with top-tier design teams to develop high-quality products that reflect the city's character [4] - With the initial cooperation funds in place, all development and construction activities for the Chongqing Bay project will commence, with a public unveiling expected by the end of this year or early next year [4]
重庆湾项目融资合作首笔资金到位 融创TOP级作品启动建设